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The European Smaller Companies Trust (LON:ESCT) Sets New 1-Year High - Here's What Happened

The European Smaller Companies Trust logo with Financial Services background
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Key Points

  • New 52-week high: LON:ESCT reached a 52-week high of GBX 232.17 (last at GBX 231.83), rising about 2.4% from the prior close of GBX 226 on volume of 249,426 shares.
  • Attractive valuation and strong returns: The trust has a market cap of £804.45m and a low P/E of 4.17, reported quarterly EPS of GBX 0.73, and posts a ROE of 29.01% with a net margin of 74.11%.
  • Investment focus: The company seeks capital growth by investing predominantly in smaller and medium-sized European companies and maintains a diversified, long-term equity portfolio.
  • Five stocks we like better than The European Smaller Companies Trust.

The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 232.17 and last traded at GBX 231.83, with a volume of 249426 shares. The stock had previously closed at GBX 226.

The European Smaller Companies Trust Stock Up 2.4%

The company has a market cap of £804.45 million, a price-to-earnings ratio of 4.17 and a beta of 1.31. The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of 5.97. The business has a fifty day moving average of GBX 213.96 and a two-hundred day moving average of GBX 214.23.

The European Smaller Companies Trust (LON:ESCT - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported GBX 0.73 earnings per share for the quarter. The European Smaller Companies Trust had a return on equity of 29.01% and a net margin of 74.11%.

The European Smaller Companies Trust Company Profile

(Get Free Report)

The Company's investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. The Company maintains a diversified portfolio. The Company invests 7% of its total assets. The Company invests in equities and other investments for long term, so as to secure its investment objective.

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